Music Variety - Search News

Variety on MSN · 2h

Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

Bloomberg on MSN · 5h

Ackman’s Pershing to Raise $1.4 Billion in UMG Stake Sale

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.

Reuters on MSN · 5h

Pershing Square's Ackman confirms sale of some of its UMG shares

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.

8hon MSN

Lizzo Plays Her First L.A. Concert Since 2022 and Tells Fans She Was in ‘Such a Dark Depression’

Lizzo returns to the stage after nearly two years as part of a brief run of intimate shows to preview her album, 'Love in ...

EURweb on MSN11h

George Clinton Demands $100 Million in Damages over Alleged Music Copyright Fraud Case

Funk legend George Clinton has taken legal action against his former associate Armen Boladian and his company, Bridgeport ...

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